Cheap Apartments for Rent in the Shaker Lakes Neighborhood of Cleveland, OH from $500 (75 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Shaker Lakes area of Cleveland.

From Finding an Apartment to Getting Around: Your Cleveland Expert's Moving Guide

Moving to Cleveland? Our born-and-raised local expert breaks down everything you need to know — from finding the perfect neighborhood to securing utilities, getting around, and settling in with confidence.

close
View Me
Buckwood Apartments
Studio to 2 Bedroom Apartments

Buckwood Apartments

2824-2826 E 130th StCleveland, OH 44120
  • Utilities Included
close
View Me
Hampton Apartments
Studio to 2 Bedroom Apartments

Hampton Apartments

2910 Hampton RdCleveland, OH 44120
  • Utilities Included
close
View Me
Tudor Manor
1 to 2 Bedroom Apartments

Tudor Manor

2865 Hampton RdCleveland, OH 44120
  • Utilities Included
close
View Me
Plateau
1 to 2 Bedroom Apartments

Plateau

12463 Cedar RdCleveland, OH 44106
  • Utilities Included
close
View Me
Van Aken Crossing
Studio to 2 Bedroom Apartments

Van Aken Crossing

2830-2890 Van Aken BlvdCleveland, OH 44120
  • Utilities Included
close
View Me
The Derbyshire Building
1 to 2 Bedroom Apartments

The Derbyshire Building

2480-2482 Derbyshire RdCleveland, OH 44106
  • Utilities Included
close
View Me
Van Aken Court
Studio to 1 Bedroom Apartments

Van Aken Court

2921 Van Aken BlvdCleveland, OH 44120
  • Utilities Included
close
View Me
Court at Wales
1 to 2 Bedroom Apartments

Court at Wales

13129 Shaker SquareCleveland, OH 44120
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

close
View Me
Moreland Shakers Estates
1 to 2 Bedroom Apartments

Moreland Shakers Estates

2934-2938 S Moreland BlvdCleveland, OH 44120
  • Utilities Included
close
View Me
Plaza
Studio to 3 Bedroom Apartments

Plaza

12485 Cedar RdCleveland, OH 44106
Student Housing
close
View Me
Weatherwood Estates
1 to 2 Bedroom Apartments

Weatherwood Estates

2880 S Moreland BlvdCleveland, OH 44120
  • Utilities Included
close
View Me
Oliver Manor
1 to 3 Bedroom Apartments

Oliver Manor

2653 N Moreland BlvdCleveland, OH 44120
  • Utilities Included
close
View Me
Ludlow Castle
Studio to 1 Bedroom Apartments

Ludlow Castle

2825 S Moreland BlvdCleveland, OH 44120
Student Housing
  • Utilities Included
close
View Me
Moreland Place
Studio to 2 Bedroom Apartments

Moreland Place

2666 N Moreland BlvdCleveland, OH 44120

Cleveland Rocks: Your Essential Guide to the Land's Neighborhoods and Culture

Discover the best areas for renters in Cleveland, from vibrant Ohio City and University Circle to suburban Lakewood and Shaker Heights. Get to know The Land.

Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland

Find the top neighborhoods and best apartments for rent near major employers like The Cleveland Clinic, KeyBank, and Progressive Insurance.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Shaker Lakes, Cleveland, OH Local Guide

Cheapest Available Shaker Lakes Apartments for Rent

 

The cheapest available apartment rental in the Shaker Lakes area of Cleveland, OH is a Studio unit found at The Ambassador priced from $500. Kemper has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here are the most affordable Shaker Lakes apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
The AmbassadorNewly Renovated Efficiency Apartments at 13700 ...Studio,1BA$500
KemperNewly Renovated Studio Apartments at 13700 Fair...Studio,1BA$600
Kemper HouseStudio: Experience the Charm at Kemper House - ...Studio,1BA$700
Lakemore1 bedroom1BR,1BA$775
Shakertowne Apartments1bd/1bh1BR,1BA$800
Shaker House & Shaker Town House1 Bedroom 1 Bath Large1BR,1BA$845
2932 S Moreland Blvd2 Beds, 1 Baths2BR,1BA$875
Shaker View Apartments1 Bed - 2566 Kemper1BR,1BA$875
2572-2576 Kemper Rd1 Bed 1 Bath1BR,1BA$900
North Moreland Courts Apartments1x1 - 506 Sqft1BR,1BA$925

Best Value Apartments for Rent in Shaker Lakes, OH

As of August 22, 2026 the best value apartment in the Shaker Lakes area is the $1.20 price per square foot 2433 Woodmere Dr Model at 2433 Woodmere Dr, Unit Woodmere in the in the University Area neighborhood starting from $2,400. The second greatest value Shaker Lakes apartment is the 2 Bedroom 1 Bath Model at Moreland Manor starting at $1,095 with a $1.00 price per square foot in the Shaker Lakes neighborhood. Here is today’s list of the best values for Shaker Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2433 Woodmere Dr, Unit Woodmere2433 Woodmere Dr5BR,2BA$1.20
Moreland Manor2 Bedroom 1 Bath2BR,1BA$1.00
The AmbassadorNewly Renovated 3 bed, 2 bath at 13700 Fairhill...3BR,2BA$1.32
Shaker Park East ApartmentsPark East 2 Bedroom 1.5 Bath2BR,1.5BA$1.04
Cormere (IN-UNIT WASHER & DRYER)2 Bed/ 1 Bath1BR,1BA$1.21
Shaker Lake ApartmentsSpacious 2-Bedroom, 1-Bath Apartment2BR,1BA$1.09
Shaker View Apartments1 Bed - 2566 Kemper1BR,1BA$1.07
2572-2576 Kemper Rd1 Bed 1 Bath1BR,1BA$1.13
Fairhill Gardens2 Bedroom2BR,1BA$1.31
Lakemore1 bedroom1BR,1BA$1.17

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Shaker Lakes, Cleveland, OH

Ranked #62

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Shaker Lakes Apartments

What is the price of a cheap apartment in Shaker Lakes?

The cheapest apartment in Shaker Lakes is Lakemore which is listed at $775, while the average apartment in Shaker Lakes costs $1,500.

What types of apartments are the cheapest in Shaker Lakes?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Shaker Lakes that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Shaker Lakes?

Cheap apartments in Shaker Lakes have an average cost of $580 which is $920 cheaper than the average rent for all rentals in Shaker Lakes.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

decorative image for Lake Views, Victorian Streets, and Short-Term Leases: Clevelands Best Neighborhoods for Short Term Rentals article

Lake Views, Victorian Streets, and Short-Term Leases: Clevelands Best Neighborhoods for Short Term Rentals

Written by: Sandy Baker

Maybe you're in town for a work engagement, or you have a six-month contract downtown and want to live closer. Cleveland short-term rentals work well.

decorative image for From Finding an Apartment to Getting Around: Your Cleveland Expert Moving Guide article

From Finding an Apartment to Getting Around: Your Cleveland Expert Moving Guide

Written by: Sandy Baker

I'm Sandy, your ApartmentHomeLiving.com local expert for Cleveland. I'm a born-and-raised Clevelander, and I know the difference in all of the city's numerous neighborhoods and suburban hotspots.

decorative image for Cleveland Rocks: Your Essential Guide to the Lands Neighborhoods and Culture article

Cleveland Rocks: Your Essential Guide to the Lands Neighborhoods and Culture

Written by: Sandy Baker

Cleveland is the type of city to fall in love with, even if it doesn’t look all that fabulous from the outside.

decorative image for Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland article

Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland

Written by: Sandy Baker

If you’re moving to start a new job, knowing where to live can be overwhelming. Factors like being close to work are important, but so are schools, quality of life, and easy access to transportation.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.